What is outsourcing?
More and more, many HR administrative functions are becoming outsourced. Outsourcing is when your organization contracts HRG to do a particular function, for example benefits management. HRG provides a service as a third-party provider.
Why should your organization outsource?
The primary reason why HR functions can and are outsourced is to save your organization money on HR staffing and to take advantage of HRG’s expertise. Outsourcing your HR functions to HRG will also allow your organization to focus on more strategic HR activities.
The Society for Human Resource Management (SHRM) recently published a survey that asked HR professionals if they outsource HR functions, what those functions are, as well as the reasons for outsourcing HR.
Reasons for outsourcing:
- 26 percent – Save money
- 23 percent – Focus on strategy
- 22 percent – Improve compliance
- 18 percent – Improve accuracy
- 18 percent – Lack experience in-house
- 18 percent – Take advantage of technological advances
- 17 percent – Offer services we otherwise could not
- 15 percent – Focus on core business
- 5 percent – Other
How will HRG be a valuable outsource vendor for you?
HRG’s team members are able to serve as a valuable strategic partner for outsourced human resource, financial, and accounting management services to support your current needs. Outsourcing is often a cost effective way to move your organization forward rapidly, utilize a higher caliber of talent than you could otherwise afford, and control costs.
